The Era of Climate Enablers is finally here.
As someone who has invested in deep tech, hardware, Prithvi Ventures has always believed in Climate Enablers to fast track and improve the performance of our hardware startups. As our hardware startups start to produce at scale, from mega to giga factories, partnerships with these climate enablers is a when, not an if.
Electra is one such climate enabler in our climate fund portfolio. Electra’s AI enables energy storage systems to reach their full potential by improving battery life, performance, and safety. Their unique Adaptive Cell Modeling System leverages AI, Battery Physics, and Digital Twins will help save OEMs and Fleet Operators those hard earned $$$$. Here is the best part, Electra predicts failures up to 3 months in advance, improves and extends the health span of battery systems by 25–50%, and improves on the state of the art by 5–10x, no surprise they’re already post revenue.
Product Roadmap:
Who are their current & potential customers: Their current customer base is split across a few sectors, the Battery Electric Storage market is the one that excites us the most:
- OEMs: Passenger & commercial vehicles — from 2- and 3-wheelers to Class 8 Trucks
- Battery Electric Stationary Storage Operators
- Fleet and system operators: e.g. Vehicle fleet manager
- System Integrators: e.g. System integrator for battery electric energy storage
- Battery Cell Manufacturers
Monopolistic Approach analysis:
Potential Impact metrics:
The potential for Grid management & improvement is where Electra is currently starting to make inroads in, Texas & California calling.
